Summary of LightwaveLogic Inc. Update Conference Call Company Overview - **Company**: LightwaveLogic Inc. - **Date of Call**: July 31, 2025 Key Industry Insights - **Industry**: Organic LED and Electro-Optic Polymer (EOP) technology - **Market Trends**: Significant investments in semiconductor companies integrating photonics into their solutions, particularly in AI connectivity and hyperscale data centers [14][15][20] Core Points and Arguments 1. **Recent Developments**: Announcement of Perkinamine polymer reliability and advanced encapsulation technique, marking a significant milestone for polymer materials [5][12] 2. **Challenges in Organic LED Industry**: Historical reliability issues related to operational lifespan, moisture, and oxygen sensitivity have been addressed over the years, leading to mainstream adoption [6][5] 3. **Polymer Reliability**: LightwaveLogic has developed unique structures (chromophores) to enhance temperature performance and has made breakthroughs in oxygen protection through atomic layer deposition (ALD) [7][8][12] 4. **Testing and Validation**: Successful completion of reliability tests on polymers under elevated temperature and humidity conditions, with plans to extend testing to devices like silicon photonics chips [10][11][29] 5. **Market Opportunities**: Emergence of co-package optics (CPO) as a new trend replacing copper connectivity with optical technology, requiring high bandwidth and low power solutions [15][16][17] 6. **Customer Engagement**: Active collaborations with tier one customers, including a Fortune 500 company, to validate performance and design of silicon photonics chips [21][22] 7. **Future Expectations**: Anticipation of having three to five customers at stage three of the design win cycle by the end of 2025, indicating readiness for high-volume production [25][24] Additional Important Content - **Continuous Improvement Philosophy**: Emphasis on ongoing enhancements to materials and processes to meet increasing reliability demands driven by new applications [27] - **Foundry Partnerships**: Collaboration with foundries to ensure compatibility and performance of processes, with a focus on transitioning to larger wafer sizes in the future [32] - **Technical and Commercial Milestones**: Acknowledgment of the complex design win cycle process, which can take 18 to 24 months, involving multiple stakeholders [33] - **CPO Ecosystem**: Active involvement in defining the role of EOP materials in the emerging CPO market, which is still in the early stages of development [35] This summary encapsulates the key points discussed during the LightwaveLogic Inc. update conference call, highlighting the company's advancements, market opportunities, and strategic direction in the evolving landscape of electro-optic technologies.

Group 1 - The company Exosens has launched a share buyback program to repurchase a maximum of 240,000 shares, which will take place from 31 July 2025 to 31 October 2025 [2][3] - The shares repurchased will be used to cover performance share plans for employees [2] - The buyback program is authorized by the General Meeting of Shareholders held on 23 May 2025, under the 10th resolution, and the purchase price will not exceed the maximum price authorized by shareholders [3] Group 2 - Exosens is a high-tech company with over 85 years of experience in the innovation, development, manufacturing, and sale of high-end electro-optical technologies [5] - The company offers detection components and solutions, including travelling wave tubes, advanced cameras, neutron and gamma detectors, instrument detectors, and light intensifier tubes [5] - Exosens is recognized as a major innovator in optoelectronics, with production and R&D across 11 sites in Europe and North America, employing over 1,900 employees [5]

Core Viewpoint - The company has established a wholly-owned subsidiary, Hefei Yuanfeng Optoelectronics Co., Ltd., to expand its operations in the optoelectronics and semiconductor sectors [1] Group 1: Company Developments - The board of directors approved the establishment of the subsidiary on July 22, 2025 [1] - The subsidiary has completed its business registration and obtained a business license [1] - The registered capital of Hefei Yuanfeng Optoelectronics is 50 million RMB [1] Group 2: Business Scope - The subsidiary's business scope includes manufacturing and sales of optoelectronic devices, integrated circuit chips and products, smart vehicle-mounted equipment, electronic components, automotive parts, and mechanical parts [1] - Additional activities include integrated circuit design, mechanical equipment research and development, and various technical services such as consulting and technology transfer [1]

Core Insights - The company achieved significant growth in its financial performance, with a revenue of 993 million yuan, representing a year-on-year increase of 121.12%, and a net profit of 217 million yuan, reflecting a staggering growth of 1712.00% [1][2] Financial Performance - The company's revenue surged from 449 million yuan in the same period last year to 993 million yuan, marking a growth rate of 121.12% [2] - The net profit attributable to shareholders reached 217 million yuan, a year-on-year increase of 1712.00%, while the net profit excluding non-recurring items was 214 million yuan, up 12667.42% [2] - The net cash flow from operating activities improved significantly, amounting to 11.16 million yuan, with a notable cash inflow of 67.52 million yuan in the second quarter [2] Market Dynamics - The growth in the company's performance is closely linked to structural changes in the global optical communication market, driven by the increasing demand for AI computing power [3] - The global fiber access network is experiencing a significant increase in gigabit penetration, transitioning into the promotion of 10-gigabit networks [3] - Major tech companies are expected to increase capital expenditures significantly, with a projected total of 297.2 billion yuan for 2025, reflecting a 36.8% year-on-year growth [3] Product Development and Market Position - The company has launched several high-speed optical modules and core chips, including the AWG chips for 1.6T optical modules, which have been validated by clients [3] - The company's DWDM AWG products have been successfully integrated into the supply chains of major domestic and international equipment manufacturers [4] - The company has established a complete IDM business system covering chip design, wafer manufacturing, chip processing, and packaging testing, enhancing its self-controlled capabilities [4] Industry Trends - The telecommunications market is expanding, with significant investments expected from global telecom operators, projected to reach 900 billion dollars from 2021 to 2025 [5] - The domestic "East Data West Computing" project and backbone network upgrades are anticipated to further drive demand for high-capacity, multi-channel, broadband DWDM AWG chips and modules [6] - The company plans to increase R&D investment in optical chips and devices, aligning with industry trends towards "passive + active" optoelectronic integration [6]

Company Overview - Exosens is a high-tech company with over 85 years of experience in innovation, development, manufacturing, and sale of high-end electro-optical technologies [3] - The company specializes in detection components and solutions, including travelling wave tubes, advanced cameras, neutron & gamma detectors, instrument detectors, and light intensifier tubes [3] - Exosens is recognized internationally as a major innovator in optoelectronics, with production and R&D conducted across 11 sites in Europe and North America, employing over 1,900 staff [3] - The company is listed on the Euronext Paris regulated market and is part of the Euronext Tech Leaders segment, included in several indices such as SBF 120, CAC All-Tradable, CAC Mid 60, FTSE Total Cap, and MSCI France Small Cap [3] Financial Reporting - Exosens has filed its half-year financial report for the first half of 2025, which ended on June 30, 2025, with the French Financial Markets Authority [2] - The financial report is accessible on the company's website under the section for regulated information and financial reports [2]

共封装光学(CPO)板块短线走低，仕佳光子跌超7%，景旺电子（603228）、生益电子、新易盛 （300502）、旭光电子（600353）等跟跌。 ...

融券方面，当日融券卖出0.02万股，净卖出0.02万股。 7月29日，沪深两融数据显示，凌云光获融资买入额0.35亿元，居两市第592位，当日融资偿还额0.40亿 元，净卖出436.55万元。 最近三个交易日，25日-29日，凌云光分别获融资买入0.48亿元、0.37亿元、0.35亿元。 ...

Core Viewpoint - The company, Shijia Photon, reported significant growth in revenue and net profit for the first half of 2025, driven by advancements in artificial intelligence and a booming data communication market [1][2]. Financial Performance - The company achieved operating revenue of 993 million yuan, a year-on-year increase of 121.12% [1]. - Net profit attributable to shareholders reached 217 million yuan, reflecting a staggering year-on-year growth of 1712.00% [1]. - The net profit excluding non-recurring gains and losses was 214 million yuan, up 12667.42% year-on-year [1]. - The net cash flow from operating activities was 11.16 million yuan, an increase of 158.09% compared to the previous year [1]. Business Segments - The main business segments include PLC optical splitter chips, AWG chips and components, VOA chips and device modules, and various laser chips and devices [2]. - In the first half of 2025, the main business revenue was 976 million yuan, accounting for 98.28% of total revenue, while other business revenue was 17.03 million yuan, making up 1.72% [2]. - Revenue from optical chips and devices reached 700 million yuan, a year-on-year increase of 190.92% [2]. - Revenue from indoor optical cables was 150 million yuan, up 52.93% year-on-year [2]. - Revenue from cable polymer materials was 126 million yuan, reflecting a year-on-year growth of 23.39% [2]. - The company's overseas revenue was 452 million yuan, a remarkable increase of 323.59%, constituting 45.50% of total revenue [2]. Research and Development - The proportion of R&D investment to operating revenue decreased by 5.81 percentage points compared to the previous year, attributed to the faster growth of revenue compared to R&D investment [3]. - R&D investment amounted to 61.42 million yuan, representing a 14.01% increase year-on-year [3]. - The company maintains strategic R&D investments in optical chips and devices, establishing a complete IDM business system covering chip design, wafer manufacturing, processing, and packaging testing [3].

报告期内，该公司光芯片和器件产品收入69,999.16万元，同比增长190.92%;室内光缆产品收入14,996.56 万元，同比增长52.93%;线缆高分子材料产品收入12,563.91万元，同比增长23.39%。报告期内，公司境 外收入45,161.11万元，同比增长323.59%，占总收入比为45.50%。 智通财经APP讯，仕佳光子(688313.SH)披露2025年半年度报告，该公司报告期实现营业收入9.93亿元， 同比增长121.12%。归属于上市公司股东的净利润2.17亿元，同比增长1,712.00%。归属于上市公司股东 的扣除非经常性损益的净利润2.14亿元，同比增长12,667.42%。基本每股收益为0.4793元/股。 报告期内，受人工智能发展驱动，数通市场快速增长，该公司适应市场需求，产品竞争优势凸显，客户 认可度提高。光芯片和器件、室内光缆和线缆高分子材料三类业务的相关产品订单较上年同期实现不同 程度增长。公司持续提高运营管控能力，加强降本增效工作，提高产品良率，产品竞争力增强，盈利能 力提高。 ...

格隆汇7月29日丨仕佳光子(688313.SH)公布，公司于2025年7月29日召开第四届董事会第七次会议，审议通过了《关于使用自有资金进行现金管理的议案》，同意公司在确保不影响主营业务 ...